Stock market update: Nifty IT index advances 0.41% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 10:35AM (IST) on Monday in an upbeat market.

MPhasis (up 1.16 per cent), Tata Consultancy (up 0.81 per cent), Infosys (up 0.68 per cent), Larsen & Toubro Infotech (up 0.58 per cent) and Coforge (up 0.56 per cent) were among the top gainers.

Oracle Financial Services Software (down 0.67 per cent), Tech Mahindra (down 0.5 per cent) and Mindtree (down 0.46 per cent) were the top losers on the index.

The Nifty IT index was up 0.41 per cent at 30605.3 at the time of writing this report.

Benchmark NSE Nifty50 index was up 87.8 points at 15850.85, while the BSE Sensex was up 276.53 points at 52863.37.

Among the 50 stocks in the Nifty index, 40 were trading in the green, while 9 were in the red.

Shares of Vodafone Idea, Trident Ltd, IDFC First Bank, BHEL and GTL Infra were among the most traded shares on the NSE.

Shares of Stylam Ind, MPS Infotecnics, Zota Healthcare, Walpar Nutritions Ltd. and Summit Sec hit their fresh 52-week highs in today’s trade, while OCL Iron Steel, DQ Entertainmnt and Viceroy Hotels hit fresh 52-week lows in trade.

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